sports

Kroenke Agrees to Buy LA Angels

Rams owner Stan Kroenke has reached an agreement to purchase the Los Angeles Angels from Arte Moreno, expanding his sports holdings into Major League Baseball.

Los Angeles Rams owner Stan Kroenke has agreed to buy the Los Angeles Angels through his Kroenke Sports and Entertainment company. The transaction is expected to close in the first quarter of 2027, pending approval from Major League Baseball.

Financial terms were not publicly disclosed, though the sale was reportedly "more than the $3.9 billion sale price for the Padres." Kroenke's sports empire already includes the Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Arsenal. Arte Moreno has owned the Angels for 23 years, becoming Major League Baseball's first Latino owner in 2002. argolida.life